Medical care services priced at$2,500 in 1935→$153,113.08 in 2017

Medical Care Services Inflation Calculator

Prices for Medical Care Services, 1935-2017 ($2,500)

According to the U.S. Bureau of Labor Statistics, prices for medical care services were
6,024.52% higher
in 2017 versus 1935 (a $150,613.08 difference in value).

Between 1935 and 2017:Medical care services experienced an average inflation rate of 5.15% per year.
This rate of change indicates significant inflation.
In other words, medical care services costing $2,500 in the year 1935 would cost $153,113.08 in 2017 for an equivalent purchase.
Compared to the overall inflation rate of 3.58% during this same period, inflation for medical care services was
higher.

Price Inflation for Medical care services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
1975 (12.60%),
1982 (11.86%),
and 1980 (11.28%).

How to calculate the inflation rate for medical care services, 1935-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 1935* 1935 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Medical care services was 8.275 in the year 1935 and 506.804 in 2017:

506.804 / 8.275* $2,500 = $153,113.08

Therefore, according to U.S. Bureau of Labor Statistics, $2,500 in 1935 has the same "purchasing power" as $153,113.08 in 2017 (in the CPI category of Medical care services).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Medical care services in 1935. In addition to medical care services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.